Latest news

We’re proud to help launch the world’s first Food Waste Reduction Roadmap in partnership with WRAP. The Roadmap sets out a clear path we should all follow collectively to tackle UK food waste wherever it occurs.

Retail Analysis is your window on the world of retail, providing insights on retailers, countries, stores and trends.

Our team of retail experts track the latest industry trends, deliver and analyse key news, and visit retailers and their stores around the world to provide you with commercial insights that will help you build stronger plans and work more effectively day-to-day.

RETAILERS

Better understand what’s influencing grocery shoppers today, with insight on this means for future behaviour both pre-shop and in-store. We talk to thousands of British grocery shoppers each year. We explore their behaviour, missions, sentiment and preferences across a range of different key industry themes and topics.

Latest report

Use your supply chain to be more efficient, improve capability and grow your company. Supply Chain Analysis gives you the latest insight, case studies and thought leadership on how to build a successful supply chain.

Featured report

Supply Chains for Growth

Download our report to understand how supply chain excellence will be a source of growth and value for the future.

Dairy Farm: positive results in 2016

Sales, excluding associates and joint ventures, of US$11.2 bn, were 1% ahead of the prior year in US dollar terms and 2% ahead in constant currency terms. The retailer opened 114 net new stores during the year.

Food: large format flat, convenience grew

Sales of US$6.2bn from supermarkets and hypermarkets (excluding Yonghui) were in line with last year in constant currency while operating profit increased by 13% to US$194m. Large formats in Hong Kong, Macau, Taiwan, The Philippines, Vietnam and Cambodia saw positive sales growth, while sales in Malaysia, Singapore and Indonesia were down.

Its 7-Eleven convenience stores reported US$2.0bn in sales, an increase of 5% over the previous year in constant currency terms. Operating profit increased by 15% to US$73m. The convenience format reported like-for-like growth in Hong Kong, South China and Singapore , driven by store expansion, Ready-to-eat ranges, new products and promotions.

Health and beauty: sales up in most markets, except for Malaysia and Macau

Health and Beauty achieved US$2.6bn in total sales, an increase of 4% in constant currency, although operating profit declined 5% to US$175m due to margin pressure and higher rents.

In mainland China, Mannings showed gradual improvement with solid sales growth, particularly in baby care, beauty care and personal care, while the contribution from private label increased. In Singapore, Guardian reported growth in sales, while operating profit also increased with higher gross margins and greater focus on cost and shrinkage management. In Malaysia, Guardian experienced a challenging year with lower sales and operating profit due to subdued consumer sentiment, increased competition and weakness in the ringgit.

Home furnishing and restaurants: strong growth

Home Furnishings again achieved record sales and operating profit during 2016. In constant currency terms, operating profit rose by 12% to US$71m and restaurants business reported US$2.0 billion in total sales, an increase of 7%.

Strategic priorities

Further investments will be made in the coming year to build a consumer-centric business model with stronger private labels, increased direct and consolidated sourcing, strengthened digital presence and higher efficiency in supply chain.

Private label: improving local relevance and creating a differentiated assortment

Direct and consolidated sourcing: consolidating common ranges across business units and simplifying the supply chain to lower cost and improve replenishment frequency

Store opening and rationalisation: expanding its store networks across formats, and rationalisation where necessary

Ecommerce: enhancing online shopping experience

Capability: building capability in key retail functions of merchandising, operations, supply chain, IT and quality assurance

Shirley Zhu
Programme Director, IGD Singapore

Based in Singapore, Shirley heads up IGD's research on Southeast Asia. Contact Shirley at [email protected] for further insight on the region.

IGD is a research and training charity which sits at the heart of the food and grocery industry.